Business Glossary

individual who donates property to another through a trust . Also called a grantor. Donors also make tax-deductible charitable contributions of securities or physical property to nonprofit institutions such as schools, philanthropic groups, and religious organizations.

person making a gift; a voluntary transfer of property to another, who accepts the gift without consideration . A gift inter vivos is an irrevocable transfer occurring during the donor's lifetime.

one who gives a gift; creator of a trust ; party conferring a power, right, or interest.

1. person or organization who orders and pays for a gift, such as a magazine subscription or book. Donors can be divided into types, such as recipient donors, who themselves subscribe to the magazine being given, or nonrecipient donors, who do not subscribe to the magazine being given. Donors are sent promotions asking them to renew gift subscriptions they have given and are a good source of new business as well. See also contributor list ; donee ; donor control ; donor promotion .
2. benefactor of a charity.

one who gives.

Example: Whitman was the donor of land that she gave to charity; she had owned the land in fee simple .